Turkiye plans $20B investment in energy efficiency by 2030
Turkiye plans $20B investment in energy efficiency by 2030

Turkiye has announced plans to invest more than $20 billion in energy efficiency projects by 2030, aiming for significant advancements in industries, buildings, and public lighting. This ambitious initiative is part of the Second National Energy Efficiency Action Plan, which builds on the $8.5...

Fears in foreign investment
Fears in foreign investment

Until now, all private power projects in the country were required to have an implementation agreement (IA). But, the interim government has changed the policy. Recently, the government called for tender for 10 solar power projects where the IA was cancelled. Therefore, investors in the power...

ADB commits $24.3 million for solar power plant in Mymensingh
ADB commits $24.3 million for solar power plant in Mymensingh

The Asian Development Bank (ADB) has signed a financing package worth $24.3 million with Muktagacha Solartech Energy Limited (MSEL) to establish a grid-connected solar photovoltaic power plant in Mymensingh. As the sole mandated lead arranger, the Manila-based financial institution took charge...

Five ways science is making the world better
Five ways science is making the world better

Scientific advancements continue to reshape the world in ways that promise a healthier, more sustainable future. From revolutionary medical treatments to breakthroughs in space exploration and renewable energy, science is tackling some of humanitys greatest challenges. Here are five remarkable ways...

Tax exemption for renewables: PDB to set more solar power plants
Tax exemption for renewables: PDB to set more solar power plants

Not only 10 projects, now the Power Division is contemplating to set up many more solar power plants as it received the NBRs notification for reinstating the tax exemption on such private investment, reports UNB. Power Division officials said it is now certain the number of solar projects is...